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New York State Real Estate Salesperson Licensing Exam
New York State Real Estate Salesperson Licensing Exam In NYS, how old must one be to enter into contracts? - Answer ️️ -18 What other capability should they possess? - Answer ️️ -Mental and emotional capability What happens if one of the parties to the contract is a minor? - Answer ️️ -The contract is voidable by the minor What does the zoning board of appeals do? - Answer ️️ -Grants variances What regulates construction standards in NYS? - Answer ️️ -Building codes Wh...
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- • 5 pages •
New York State Real Estate Salesperson Licensing Exam In NYS, how old must one be to enter into contracts? - Answer ️️ -18 What other capability should they possess? - Answer ️️ -Mental and emotional capability What happens if one of the parties to the contract is a minor? - Answer ️️ -The contract is voidable by the minor What does the zoning board of appeals do? - Answer ️️ -Grants variances What regulates construction standards in NYS? - Answer ️️ -Building codes Wh...
NYS REAL ESTATE PRACTICE TEST 2024
NYS REAL ESTATE PRACTICE TEST 2024 Which of the following statements about license laws is INCORRECT? - Answer ️️ -The federal government establish license laws In New York, an individual may obtain a salesperson license at age: - Answer ️️ -18 A salesperson licensee may receive commissions from the: - Answer ️️ -Employing broker Which of the following does NOT apply to a salesperson license? It: - Answer ️️ -Authorizes the salesperson to work in a reciprocal state without ...
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NYS REAL ESTATE PRACTICE TEST 2024 Which of the following statements about license laws is INCORRECT? - Answer ️️ -The federal government establish license laws In New York, an individual may obtain a salesperson license at age: - Answer ️️ -18 A salesperson licensee may receive commissions from the: - Answer ️️ -Employing broker Which of the following does NOT apply to a salesperson license? It: - Answer ️️ -Authorizes the salesperson to work in a reciprocal state without ...
ny real estate exam questions and answers-graded a
ny real estate exam questions and answers-graded a "real estate broker" - Answer ️️ -any person, firm, limited liability company or corporation, who, for another and for a fee, commission or other valuable consideration, lists for sale, sells, at auction or otherwise, exchanges, buys or rents, or offers or attempts to negotiate a sale, at auction or otherwise, exchange, purchase or rental of an estate or interest in real estate, or collects or offers or attempts to collect rent for ...
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ny real estate exam questions and answers-graded a "real estate broker" - Answer ️️ -any person, firm, limited liability company or corporation, who, for another and for a fee, commission or other valuable consideration, lists for sale, sells, at auction or otherwise, exchanges, buys or rents, or offers or attempts to negotiate a sale, at auction or otherwise, exchange, purchase or rental of an estate or interest in real estate, or collects or offers or attempts to collect rent for ...
New York Real Estate Exam with 100% Verified and Updated 2024
New York Real Estate Exam with 100% Verified and Updated 2024 Where is the license law written? - Answer ️️ -Article 12-A Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - Department of State or Secretary of State Under NYS Real Property Law, when Department of State revokes a salesperson's license, how much time must past before the salesperson can be relicensed? - Answer ️️ -One year If a broker's licensed is revoked, what happens to ...
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- • 39 pages •
New York Real Estate Exam with 100% Verified and Updated 2024 Where is the license law written? - Answer ️️ -Article 12-A Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - Department of State or Secretary of State Under NYS Real Property Law, when Department of State revokes a salesperson's license, how much time must past before the salesperson can be relicensed? - Answer ️️ -One year If a broker's licensed is revoked, what happens to ...
NY Real Estate License Exam Questions and Answers
NY Real Estate License Exam Questions and Answers Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c How many members of the NYS Board of Real Estate must be real estate brokers? A) 5 B) 7 C) All D) None - Answer ️️ -A) 5 What are the expe...
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NY Real Estate License Exam Questions and Answers Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c How many members of the NYS Board of Real Estate must be real estate brokers? A) 5 B) 7 C) All D) None - Answer ️️ -A) 5 What are the expe...
NYS Real Estate Exam 2024
NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent - Answer ️️ -special agent what...
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NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent - Answer ️️ -special agent what...
New York Real Estate Salesperson (REEDC) Exam Questions and Answers
New York Real Estate Salesperson (REEDC) Exam Questions and Answers as a real estate sales person, i am practicing - Answer ️️ -special agency as a property manager i am practicing - Answer ️️ -general agency in estate planning i am practicing - Answer ️️ -universal agency if its my intention to protect my client,usually the seller,from the vicarious liability, of another licensee, violating the laws of licensure, i should always give out my listings, to other licenses as brok...
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- • 23 pages •
New York Real Estate Salesperson (REEDC) Exam Questions and Answers as a real estate sales person, i am practicing - Answer ️️ -special agency as a property manager i am practicing - Answer ️️ -general agency in estate planning i am practicing - Answer ️️ -universal agency if its my intention to protect my client,usually the seller,from the vicarious liability, of another licensee, violating the laws of licensure, i should always give out my listings, to other licenses as brok...
New York Real Estate Exam Prep Questions and Answers
New York Real Estate Exam Prep Questions and Answers The situation with the most potential for conflict is when a real estate licensee acts as a: -Dual Agent -Buyers Broker -Sellers Agent -Transaction Broker - Answer ️️ --Dual Agent A seller has listed her home with a broker for $90,000, and the broker tells a prospective buyer to submit a low offer because the seller is desperate to sell. The buyer offers $85,000 and the seller accepts it. In this situations: -The broker has viola...
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New York Real Estate Exam Prep Questions and Answers The situation with the most potential for conflict is when a real estate licensee acts as a: -Dual Agent -Buyers Broker -Sellers Agent -Transaction Broker - Answer ️️ --Dual Agent A seller has listed her home with a broker for $90,000, and the broker tells a prospective buyer to submit a low offer because the seller is desperate to sell. The buyer offers $85,000 and the seller accepts it. In this situations: -The broker has viola...
New York real estate exam 2024
New York real estate exam 2024 The name of the statue that protects the public from unscrupulous salespersons and brokers is - Answer ️️ -Article 12 of the real property law A real esate brokers license term is - Answer ️️ -2 years To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring broker The end of a license term for a real estate person is - Answer ️️ -2 years from issue date If a brokers license is revoked the salespersons license - ...
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- • 9 pages •
New York real estate exam 2024 The name of the statue that protects the public from unscrupulous salespersons and brokers is - Answer ️️ -Article 12 of the real property law A real esate brokers license term is - Answer ️️ -2 years To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring broker The end of a license term for a real estate person is - Answer ️️ -2 years from issue date If a brokers license is revoked the salespersons license - ...
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INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
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